BKDV vs JDVL
BNY Mellon Dynamic Value ETF vs John Hancock Disciplined Value Select ETF
Which is better, BKDV or JDVL?
BKDV has been ahead.
JDVL has a lower expense ratio. BKDV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. BKDV is less concentrated, with 33.5% of the fund in its ten largest positions against 40.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BKDV | JDVL |
|---|---|---|
| Expense Ratio | 0.60% | 0.56%Best |
| AUM | $2.2B | $948M |
| Dividend Yield | 0.53% | 1.48% |
| Holdings | 84 | 41 |
| YTD Return | +17.11%Best | +15.90% |
| 1Y Return | +23.83%Best | +21.37% |
| Volatility (annualized) | 9.6%Best | 12.2% |
| Max Drawdown | -6.7%Best | -9.2% |
| $10,000 over 1.2 years | $13,038Best | $12,918 |
| Top 10 Weight | 33.5%Best | 40.0% |
| Fund Family | BNY Mellon Investment Management | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 1, 2024 | Aug 6, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Aug 6, 2025 to Oct 14, 2026 (1.2 years).
BKDV vs JDVL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.2 years both funds cover.
BKDV vs JDVL Performance
BNY Mellon Dynamic Value ETF (BKDV) is an ETF from BNY Mellon Investment Management and John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management. Over the past year BKDV returned +23.83% while JDVL returned +21.37%. Year to date, BKDV is up 17.11% versus a gain of 15.90% for JDVL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JDVL has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 9.6% for BKDV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.7% for BKDV and -9.2% for JDVL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BKDV charges 0.60% per year while JDVL charges 0.56%. On a $10,000 position that is $60 vs $56 annually, a gap of $4 per year that compounds over a long holding period. On income, BKDV currently yields 0.53% against 1.48% for JDVL.
Holdings Overlap
31.3% of BKDV's money is in holdings JDVL also owns. 53.5% of JDVL's money is in holdings BKDV also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 79 positions we hold weights for in BKDV and 39 in JDVL, against full books of 84 and 41.
What only one of them owns
Our book lists 18 positions for JDVL that do not appear in our book for BKDV (39.6% of the fund), and 59 for BKDV that do not appear in JDVL (67.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BKDV | Weight in JDVL | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.02% | 7.48% | 1.46% |
| MSFTMicrosoft Corp | 4.98% | 5.77% | 0.79% |
| JPMJpmorgan Chase | 4.03% | 4.03% | 0.00% |
| PMPhilip Morris International Inc. | 1.76% | 3.17% | 1.41% |
| METAMeta Platforms Inc | 0.79% | 3.89% | 3.10% |
| MSMorgan Stanley | 1.17% | 2.65% | 1.48% |
| SLBSchlumberger Nv. | 2.62% | 1.13% | 1.49% |
| GILDGilead Sciences | 0.96% | 2.77% | 1.81% |
| COFCapital One Financial Corp. | 1.26% | 2.32% | 1.06% |
| DISWalt Disney Co | 1.29% | 2.02% | 0.73% |
53.5% of JDVL is already inside BKDV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BKDV or JDVL?
BKDV has an expense ratio of 0.60% while JDVL charges 0.56%. JDVL is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, BKDV or JDVL?
Over the past year BKDV returned +23.83% vs +21.37% for JDVL, so BKDV leads on 1-year performance. Over the longest common window we track (1 years), BKDV annualized +24.74% vs +23.78% for JDVL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKDV or JDVL?
JDVL has been the more volatile fund at 12.2% annualized versus 9.6% for BKDV. Worst drawdown: BKDV -6.7% vs JDVL -9.2%.
Should I hold both BKDV and JDVL?
BKDV and JDVL have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BKDV and JDVL?
53.5% of JDVL's money is in holdings BKDV also owns. 53.5% of JDVL's is in holdings BKDV also owns. They hold 19 positions in common, counted across the 79 positions we hold weights for in BKDV and 39 in JDVL.
Which pays a higher dividend, BKDV or JDVL?
BKDV yields 0.53% while JDVL yields 1.48%, so JDVL currently pays the higher dividend yield.
Is JDVL better than BKDV?
JDVL has a lower expense ratio. BKDV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. BKDV is less concentrated, with 33.5% of the fund in its ten largest positions against 40.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.